Armbruster Capital Management Inc. Buys 422 Shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO)

Armbruster Capital Management Inc. grew its stake in shares of Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) by 0.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 173,993 shares of the company’s stock after acquiring an additional 422 shares during the period. Invesco S&P SmallCap Momentum ETF comprises approximately 2.3% of Armbruster Capital Management Inc.’s investment portfolio, making the stock its 14th biggest holding. Armbruster Capital Management Inc.’s holdings in Invesco S&P SmallCap Momentum ETF were worth $11,503,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of XSMO. Mainstay Capital Management LLC ADV acquired a new stake in shares of Invesco S&P SmallCap Momentum ETF during the third quarter worth $46,409,000. Marmo Financial Group LLC grew its stake in Invesco S&P SmallCap Momentum ETF by 139.4% during the 3rd quarter. Marmo Financial Group LLC now owns 268,613 shares of the company’s stock valued at $17,779,000 after purchasing an additional 156,422 shares during the last quarter. Apollon Wealth Management LLC acquired a new position in shares of Invesco S&P SmallCap Momentum ETF in the third quarter valued at about $16,982,000. Wealth Enhancement Advisory Services LLC raised its stake in shares of Invesco S&P SmallCap Momentum ETF by 6.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 209,318 shares of the company’s stock worth $13,855,000 after purchasing an additional 12,581 shares during the last quarter. Finally, Stifel Financial Corp lifted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 21.1% during the third quarter. Stifel Financial Corp now owns 207,692 shares of the company’s stock worth $13,747,000 after purchasing an additional 36,235 shares during the period.

Invesco S&P SmallCap Momentum ETF Price Performance

XSMO stock opened at $69.31 on Monday. The firm’s fifty day simple moving average is $69.10 and its 200-day simple moving average is $66.66. Invesco S&P SmallCap Momentum ETF has a 12 month low of $55.05 and a 12 month high of $74.38. The company has a market capitalization of $486.56 million, a P/E ratio of 15.91 and a beta of 1.19.

Invesco S&P SmallCap Momentum ETF Profile

The Invesco S&P SmallCap Momentum ETF (XSMO) is an exchange-traded fund that is based on the S&P Small Cap 600 Momentum index. The fund tracks an index of US small-caps stocks selected by momentum. Holdings are weighted by a combination of market cap and momentum. XSMO was launched on Mar 3, 2005 and is managed by Invesco.